Question

Who Are Financial Planners? There are many types of financial services professionals, who offer specialized financial services, including accountants and tax preparers, insurance agents, stockbrokers, real estate and mortgage brokers, attorneys and trust officers, and credit counselors. Although these individuals are often quite capable, they are often salespeople for specific financial products and companies. In contrast, financial planners perform a different function by providing competent, ethical, and impartial advice and services to their clients. Which of the following services do financial planners usually provide to their clients? Check all that apply Evaluating the financial condition and performance, lifestyle, life cycle position, and goals of individual and/or family clients Auditing financial statements Identifying and developing personal long-term financial goals for individuals and/or families and the strategies by which to achieve them □ Restructuring an individual's or family's assets and liabilities to make them consistent with their lifestyle and financial goals

Answer 1

1-	all are correct except Auditing financial statement
2-	1- fill in blank	Buying and selling
	2-	Client is that
3-	A fee based
	financial services they provide
	financial product purchased by a client
	advantage to planner
4-	Fee only arrangement
	fixed fee by the planner
5-	hour rate arrangement
	advise financial products
	more beneficial in their recommendation
	client